What Is Your Credit Score?

Only 23% of Canadians know their credit score, and just 26% knew their credit rating at the time they applied for a mortgage, reports a recent Equifax survey.A good credit score can be a major negotiating tool in getting lower interest rate mortgages from financial institutions.

The study also found that:

- 10% of Canadians surveyed say it’s okay to inflate your income when applying for a mortgage.

- And 9% say they have lied on credit card or mortgage applications.

 

The numbers came as a shock to Equifax officials, given that the survey of 1,500 Canadians was really aimed at gauging their concerns about protection of personal data. Click here for an article about understanding your credit score.

 





Leave a comment

Email:
Password:
or Register - Cancel
First Name:
Last Name:
Email:
Password:
Confirm Password:
or Login - Cancel

What's Next

So many ways to get in touch with us and our agents! Choose the channel most convenient to you from the list down below.

Apply Now
Let us help you get a better rate!
Email Me
Send me an email
Contact Me
Phone : 905.538.4090